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Energy Insights
Energy market intelligence for serious investors — oil & gas tax strategy, macroeconomics, due diligence and more.
Latest Energy Investment Articles
Net Exporter, Still Importing
The United States exports more energy than it imports overall, yet its refineries still need millions of barrels of imported crude each day. The reason lies in the difference between light domestic oil and the heavy grades many refineries were built to process.
Read MoreOn, Off, On Again
The Iran war keeps flipping between ceasefires and renewed attacks. Crude flows have recovered, refined-fuel flows have not, and the resulting strain is reaching Asia, Europe, and the United States.
Read MoreOil Is Political, And Probably Always Will Be...
Oil prices don't move on supply, demand, and inventories alone. Peace talks, sanctions, blockades, elections, and control of key shipping routes are shaping crude and diesel markets in real time.
Read MoreThe Shortcut Is Gone
The two buffers that used to cap oil prices are spent. The DUC inventory hit a record low, the SPR is at 1982 levels, diesel just crossed $6 for the first time ever, and capital is buying inventory instead of drilling it.
Read MoreTriple Digit Deja Vu
WTI is back in triple digits after Saudi Arabia's East-West pipeline was shut down. Why $100 is more signal than number, what Petroline can and can't offset, and what a quiet week from Aramco would mean.
Read MoreDo Refiners Skip Maintenance at $89?
WTI surged 10% to $91.81, diesel crack spreads hit $89, and retail diesel broke the June 2022 record. With turnaround season here, the real question is whether refineries will defer maintenance to keep capturing record margins.
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